Wright Abshire, Attorneys, A Professional Corporation
Houston: 713-660-9595
The Woodlands: 936-273-2773
Fayette County: 979-278-4095

The estate planning advantages of a revocable trust

No one wants their Texas estate to be the subject of protracted probate litigation among family members and other beneficiaries. An orderly and uncontested disposition of one's estate saves money and spares families from the often irreversible effects on relationships that occur after a will contest reaches its conclusion.

According to some estate planning experts, however, people are not doing enough to preclude this potential outcome and are instead leaving the door open for a possible probate challenge. Some suggest that people should go beyond creating a simple will and include more sophisticated implements in their estate plan, such as a revocable trust.

The benefit of a revocable trust is that it, unlike a will, avoids the probate process. Probate can require a number of expenses and, depending on the complexity of the estate, could last months or even up to a year. It is also a matter of public record. By contrast, assets held in trust pass privately outside of probate.

During their lifetime, people can transfer assets into their trusts. When they pass away, a trustee manages the trust assets and can distribute them in accordance with the expressed wishes of those who created the trusts. Generally speaking, trusts are more resistant to challenges than wills and they can help a person's estate remain out of the courtroom.

Of course, estate planning is a highly personalized process that requires documents to be tailored closely to each person's assets and the intentions surrounding their division. Therefore, it is important for people to examine the myriad estate planning options available and choose the ones best suited to their circumstances.

Source: U.S. News & World Report, "How to Avoid Fights Over Inheritance," David Francis, July 17, 2012.

No Comments

Leave a comment
Comment Information

We Believe in Client Satisfaction Here is what our clients say about our hands-on approach to elder law and estate planning.

  • Thank you for your caring expression of sympathy. But more importantly, I want you to know how much your warmth as human beings has been palpably present in all the social and business intercourse we have experienced with you. Your willingness to allow yourselves to be completely human as you ply your trade adds a dimension to your professional stature which is unparalleled by most of your profession. Please don't change. You stand head and shoulders above the crowd. - L.T
  • Everyone in the firm was extremely cordial, courteous and professional, which made our family feel at ease knowing that our needs would be expertly managed. - R.L.
  • Everyone I came in contact with were kind and helpful. They were so professional as well as personable. I loved them. - J.B.
  • Very helpful in a family time of need. Excellent staff and service. After dealing with the State I have no idea how anyone could take this journey without the law firm's services. - L.N.
  • The firm did all things especially well. I was always impressed by the competent manner in which everyone worked and was confident that it would be "mission accomplished..." – J.T.
  • No detail was overlooked. Everything went very well. We feel so fortunate that your firm is well informed, capable and willing to do so much for us. I can't thank you enough for everything! - N.C.
Learn More
Email Us for a Response

Have a question about elder law in Texas? We can help. Schedule A Consultation Now

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

"The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form."

Contact Our Texas Elder Law Attorneys Today We have 3 locations to better serve you. Contact our office closest to you.

Bellaire Office
4949 Bissonnet Street
Bellaire, TX 77401

Phone: 713-660-9595
Fax: 713-660-8889
Bellaire Law Office Map

Bellaire Office

The Woodlands Office
3117 College Park Drive, Suite 240
The Woodlands, TX 77384

Phone: 936-273-2773
Fax: 713-660-8889
The Woodlands Law Office Map

The Woodlands Office

Carmine Office
1055 Deer Haven Road
Carmine, TX 78932

Phone: 979-278-4095
Fax: 713-660-8889
Carmine Law Office Map

Carmine Office
Back To Top